Over the past week, the market saw its third consecutive week of outflows, totaling $795 million, with Bitcoin and Ethereum leading the flows.
Per the latest report from CoinShares, the negative sentiment, which has persisted since early February, is mainly attributed to the ongoing global tariff issues.
These factors have led to record outflows of $7.2 billion, significantly reducing the year’s positive inflows to just $165 million.
Despite this trend, a late-week price rebound brought some relief. Total assets under management (AuM) rose by 8% to $130 billion following President Trump’s temporary reversal of tariffs.
Bitcoin and Ethereum See Large Outflows
Bitcoin (BTC) experienced the most considerable outflows among major cryptos, with a weekly outflow of $751 million. The total month-to-date (MTD) outflows for BTC stand at $890 million, but year-to-date (YTD) flows are still positive at $545 million. With an AuM of $112.96 billion, Bitcoin remains a dominant player in the investment market.
Ethereum (ETH) also saw outflows, totaling $37.6 million last week. However, the MTD outflows for Ethereum were slightly higher at $89.1 million. Despite the outflows, Ethereum’s YTD flows are still positive at $241 million, with an AuM of $7.84 billion.
XRP Buck the Outflow Trend
Meanwhile, Solana (SOL) saw a relatively smaller decrease, with weekly outflows totaling $5.1 million. The month-to-date flows were slightly lower, standing at $6.2 million. However, YTD flows for Solana are still positive at $79 million, and the crypto has an AuM of $1.08 billion.
On the other hand, XRP bucked the negative trend, seeing inflows of $3.4 million last week. The MTD inflows were $1.5 million, and the YTD flows stood at $176 million, bringing its AuM to $883 million. This represents a stark contrast to the outflow trends seen in other major cryptos.
Regional Flow Differences
Regionally, the U.S. was the largest contributor to outflows, with a weekly total of $763 million and an MTD outflow of $924 million. Other countries, including Hong Kong, Switzerland, and Sweden, also experienced negative flows.
Switzerland saw the largest YTD outflow at $375 million. However, localized interest in crypto investment remains strong in countries like Canada, Brazil, and Australia, with these regions experiencing small positive weekly and MTD flows. Canada saw the most inflows, attracting $2.1 million last week.
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